Rallybio (RLYB) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$0.62 Billion

According to Rallybio's latest financial reports the company has HK$0.62 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rallybio - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.82 B	-37.31%
2022-12-31	$HK$1.32 B	-3.39%
2021-12-31	$HK$1.36 B	29.87%
2020-12-31	$HK$1.05 B	-767.5%
2019-12-31	$-HK$0.16 Billion

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Rallybio (RLYB) - Net assets